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The Pound had a small bounce against the Euro in the early hours of the morning.
With key speeches from the ECB through the day it will be interesting to see what effect they have on proceedings.
GBP/USD remains relatively sideways although there are retail sales numbers from across the pond later which could move rates.
Other than that it's a relatively light day for scheduled news, so it could be a global news story that moves matters.
Business news is dominated by a bill passed in the US that could ultimately lead to a ban of the popular social media platform TikTok in America.
EUR: 09:30 ECB's Frank Elderson Speech
EUR: 11:00 ECB's Isabel Schnabel Speech
US: 12:30 Retail Sales
EUR: 18:00 ECB's Luis De Guindos Speech
As ever we look forward to keeping you in the loop and look out for our next update.
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